Start by carefully unboxing your Ledger device. Check all included components such as the Ledger hardware wallet, USB cable, recovery sheet, and instructions. Handle the device with care to avoid any damage.
Download the Ledger Live application from the official website. This software is essential for managing your Ledger device and cryptocurrencies securely. Follow the installation instructions for your operating system.
Use the USB cable to connect your Ledger device to your computer. Open Ledger Live, and follow the prompts to start initializing your device. You'll be guided through choosing a PIN and setting up your recovery phrase.
Write down your 24-word recovery phrase on the provided sheet. Store it in a safe and secure place. Avoid taking digital photos or saving it online. This phrase is critical for recovering your wallet if the device is lost or stolen.
Once your device is set up, you can add accounts for different cryptocurrencies. Ledger Live supports multiple currencies including Bitcoin, Ethereum, and many altcoins. Select “Add Account” and follow the instructions.
With your accounts added, you can safely send and receive cryptocurrencies. Ledger ensures private keys remain on your device, offering maximum security. Always verify addresses carefully before confirming transactions.